I can't decide about placement. I like the wrap around thing, but them the cute pig with the lantern would get lost in no-man's land.
Still... love the design. Sooooo cute.
And I'd love to see the super glow overlay on all the white elements, like the ghosties and the moon and the dots on the tree.
$5

Digging the biger of the two placments, not a big fan of placements like this normaly, but this is cool. Be interseting to see how threadless would do a "wrap around", working in a print shop I know how fricken difficult it would be.
Nice work, and I like your style.